It's The Economy, Stupid

For the first two years of the Obama administration, the 111th Congress, the Democrat&#8217;s held control over the Senate and the House of Representatives. Listening to President Obama no one with a casual understanding and knowledge of politics would ever imagine that Obama was given a dominate majority and complicit Congress that passed the vast majority of his legislative agenda.

During the time Democrats held control over Congress Obama signed legislation with Orwellian names like: American Recovery and Reinvestment Act, Hiring Incentives to Restore Employment Act, Small Business Jobs and Credit Act, Worker, Homeownership, and Business Assistance Act&#8212;the list of the legislative successes of this administration are long. (111th United States Congress - Wikipedia, the free encyclopedia)

Where are the results of these policies? In the perverted logic of the left it&#8217;s as if these things never happened. The first two years of President Obama&#8217;s presidency didn&#8217;t happen.

Well, unfortunately for Obama the American people judge him by the results not the excuses.

&#8220; A new low of 26% of Americans approve of President Barack Obama's handling of the economy, down 11 percentage points since Gallup last measured it in mid-May and well below his previous low of 35% in November 2010.&#8221; (New Low of 26% Approve of Obama on the Economy)

For the first two years of the Obama administration, the 111th Congress, the Democrats held control over the Senate and the House of Representatives. Listening to President Obama no one with a casual understanding and knowledge of politics would ever imagine that Obama was given a dominate majority and complicit Congress that passed the vast majority of his legislative agenda.

During the time Democrats held control over Congress Obama signed legislation with Orwellian names like: American Recovery and Reinvestment Act, Hiring Incentives to Restore Employment Act, Small Business Jobs and Credit Act, Worker, Homeownership, and Business Assistance Actthe list of the legislative successes of this administration are long. (111th United States Congress - Wikipedia, the free encyclopedia)

Where are the results of these policies? In the perverted logic of the left its as if these things never happened. The first two years of President Obamas presidency didnt happen.

Well, unfortunately for Obama the American people judge him by the results not the excuses.

 A new low of 26% of Americans approve of President Barack Obama's handling of the economy, down 11 percentage points since Gallup last measured it in mid-May and well below his previous low of 35% in November 2010. (New Low of 26% Approve of Obama on the Economy)

Fewer and fewer people owning their own home...Homeownership Has Biggest Drop in 70 Years10/07/11 - During the past decade, homeownership experienced the biggest drop since the 1940s, according to Census data.

The rate of homeownership in the U.S. decreased by 1.1 percentage points, to 65.1%, between 2000 and last year, according to the latest Census Bureau data. The decrease is the largest posted since the decade between 1930 and 1940. The Census did say the homeownership rate was the second-highest on record since homeownership data collection began in 1890, behind only 2000. This is at least some good news, considering the beleaguered housing market.

The number of housing units in the nation increased by 15.8 million units, or 13.6%, during the past measured decade, but so did the number of vacant units. Of the 131.7 million housing units last year, 116.7 million had people living in them (88.6%) on Census day, while 15 million units (11.4%) were empty. These numbers represent an increase of 43.8% from the 2000 vacant housing unit inventory of 10.4 million.

Vacancy rates increased in every region, but the South led the way with the largest percentage of empty households: 12.7%. Homeownership rates also decreased in every region, with rates highest in the Midwest (69.2%), followed by the South (66.7%), the Northeast (62.2%) and the West (60.5%). West Virginia (73.4%) and Minnesota (73.0%) led state by state in homeownership rates, as they did in 2000. New York continued to post the lowest percentage of homeowners at 53.3%.

Homeowners were outnumbered by renters in many of the country's largest cities. In New York, renters made up 69% of households, followed by Los Angeles (61.8%), Chicago (55. 1%) and Houston (54.6%). Data on vacant units and homeownership rates were collected during several different Census Bureau surveys, including the Housing Vacancy Survey, American Community Survey and the 2010 Census itself.

For the first two years of the Obama administration, the 111th Congress, the Democrats held control over the Senate and the House of Representatives. Listening to President Obama no one with a casual understanding and knowledge of politics would ever imagine that Obama was given a dominate majority and complicit Congress that passed the vast majority of his legislative agenda.

During the time Democrats held control over Congress Obama signed legislation with Orwellian names like: American Recovery and Reinvestment Act, Hiring Incentives to Restore Employment Act, Small Business Jobs and Credit Act, Worker, Homeownership, and Business Assistance Actthe list of the legislative successes of this administration are long. (111th United States Congress - Wikipedia, the free encyclopedia)

Useful Searches

About USMessageBoard.com

USMessageBoard.com was founded in 2003 with the intent of allowing all voices to be heard. With a wildly diverse community from all sides of the political spectrum, USMessageBoard.com continues to build on that tradition. We welcome everyone despite political and/or religious beliefs, and we continue to encourage the right to free speech.

Come on in and join the discussion. Thank you for stopping by USMessageBoard.com!